Most JSE USD stocks fell on Monday

Trading on the USD market of the Jamaica Stock Exchange was moderate on Monday but the number of securities rose over Friday’s level and leading to an exchange of 52 percent more shares changing hands than occurred on Friday.
Seven securities traded, up from four on Friday with one rising, four declining and two remaining unchanged. The JSE USD Equity Index gained 0.07 points to end at 195.53.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with, 267,871 shares for US$17,654, up from 176,171 units at only US$2,551 on Friday. Trading averaged 38,267 units at US$2,522 in contrast to 44,043 shares at US$638 on Friday. Trading month to date averages 74,637 units at US$3,985 in contrast to 76,931 units at US$4,078 on Friday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital fell 0.88 of a cent to close at 8 US cents with an exchange of 41,802 shares, Margaritaville gained 0.2 of a cent to finish at 9.2 US cents with a transfer of 961 units, Proven Investments remained at 25.01 US cents after 20,151 stocks changed hands. Sterling Investments fell 0.11 of a cent to 1.99 US cents with 96,845 shares passing through the market, Sygnus Credit Investments traded 42,412 stock units at 15 US cents and Transjamaican Highway slipped 0.01 of a cent to 0.85 US cents with 65,500 units crossing the exchange.
In the preference segment, JMMB Group 6% declined by 0.05 of a cent to end at US$1.10 with 200 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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